Most tariffs are now on pause, but recession risks have risen from the start of the year. Behind the scenes, companies that provide tech to travel companies are seeing early signs of weakening demand in the U.S. and a shift toward domestic travel.
Lighthouse, which tracks hotel market data, is already seeing some market adjustments based on data pulled on April 1.
“Average hotel prices across major U.S. destinations have decreased by 3-5% in just 30 days, and we’re tracking continued downward revisions for summer bookings. Concurrently, Canadian interest in U.S. travel has notably declined, with the share of searches dropping from approximately 25% to 15% of outbound…
